Funded

Total loan: $1,625
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Nuevo Por Venir 1 Group


A loan of $1,625 helped a member to buy more bedspreads and shoes as well as eggs and lentils.


Nuevo Por Venir 1 Group's story

Maridanes is the group coordinator of the group Nuevo Por Venir (New to come) based in Las Galetas, a neighborhood surrounding the city of San Pedro in south of the Dominican Republic. Here she makes her home with her five children (three boys and two girls) and her husband. Additionally, they are expecting a boy in two months. Her home is maD. of wood, with a metal roof and cement floor that has begun to show some wear over the ages. Domestic services such as electricity are very unreliable.

With this new loan Maridanes aims to continue growing her business selling bedspreads and shoes. She plans to do this by purchasing more in bulk to obtain a better price. In addition, she has identified a need in her community for someone who sells eggs and lentils, especially around dinner time, and she will begin stocking both items.

With the increased income that she expects, she hopes to improve both her floor and her roof as well as to one day buy the house she lives in. Additionally, she plans to invest in her children through education and proper nutrition in the hopes that they will one day be doctors or engineers. She thanks you all for your support.

In this group: Maridanes, Carmen, Lidia, Eligio, Arianny
*not pictured


Loan details

Loan length:

8 months
Disbursed date: August 28, 2009
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: August 28, 2009
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International